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Iran Takes Initiative to Push Back West's Trade Sanctions
TEHRAN (FNA)- The Iranian Finance Ministry announced on Sunday that the country has taken a new initiative to counter the western countries' financial and trade sanctions by adopting a system of 'direct financial and trade transactions' with the UAE and Qatari businessmen.

Iran Offers to Build Oil Refinery for Bulgaria
TEHRAN (FNA)- Tehran's Ambassador to Sofia Gholam Reza Baqeri Moqaddam voiced Iran's preparedness to invest in the construction of an oil refinery in Bulgaria. ( 15:59:50 - 2012/03/11)

Iran Gains Self-Sufficiency in Producing Disposable Medical Equipment
TEHRAN (FNA)- Iran gained self-sufficiency in producing disposable medical tools and equipment after inaugurating a disposable syringe production line in the Central city of Ashtiyan. ( 14:33:10 - 2012/03/11)

Envoy Stresses Iranian, Iraqi Officials' Resolve to Expand Trade Ties
TEHRAN (FNA)- Representative of the Secretary of Iran-Iraq Economic Development Headquarters in the Iraqi Kurdistan Region Hormat Farouqi stressed that the two neighboring countries are determined to further increase their trade ties. ( 13:04:19 - 2012/03/11)

Official: Iran, India Facing Extensive Opportunities for Developing Trade Ties
TEHRAN (FNA)- A senior Indian official reiterated his country's enthusiasm for the further development of economic relations with Iran, and said both countries are facing extensive opportunities to further increase their bilateral trade relations. ( 14:08:47 - 2012/03/10)

Iran to Play Stronger Role in Supplying Iraq's Power Needs
TEHRAN (FNA)- Iran plans to play an active presence in Iraqi power sector after constructing new power transmission lines to increase electricity exports to its Western neighboring country. ( 16:29:41 - 2012/03/09)

Iran Eager to Boost Volume of Trade Exchanges with Tajikistan
TEHRAN (FNA)- Iranian top diplomat Ali Akbar Salehi called for increasing the trade exchanges between Iran and Tajikistan which now amounts to $200mln. ( 14:58:22 - 2012/03/08)

VP Underlines Iran's Readiness to Bolster Economic Cooperation with Iraq
TEHRAN (FNA)- Iranian First Vice-President Mohammad Reza Rahimi in a meeting with his Iraqi counterpart Khazir al-Khazaie stressed Tehran's enthusiasm for the further strengthening of economic and trade cooperation with Baghdad. ( 13:28:09 - 2012/03/08)

Lawmaker: Sanctions to Help Iran Cut Dependence on Oil Revenues
TEHRAN (FNA)- A senior Iranian lawmaker underlined the positive outcomes of sanctions and pressures on Iranian economy and oil sector, saying that pressures and embargos pave the way for Iran to end its dependence on oil revenues. ( 17:51:49 - 2012/03/07)

VP Voices Iran's Preparedness to Supply Iraq's Power Needs
TEHRAN (FNA)- Iranian Vice-President for International Affairs Ali Saeedlou underlined Iran's high power generation capacity and capabilities, and voiced Tehran's preparedness to supply Iraq's need to electricity. ( 15:51:21 - 2012/03/07)

Official: Study Phase of Iran-Pakistan Gas Pipeline to End in July
TEHRAN (FNA)- Islamabad officials announced that the study phase for the construction of the Pakistani part of the multi-billion-dollar pipeline project which is due to bring Iran's gas supplies to the energy-hungry Pakistan will be completed by mid summer. ( 15:00:21 - 2012/03/07)

Iran's Copper Exports Hit $700mln
TEHRAN (FNA)- The value of Iran's copper exports in the last 11 months hit $700 million despites the sanctions and restrictions imposed by the West on Iran's economy. ( 13:00:03 - 2012/03/07)

Iran Boosts Electricity Exports
TEHRAN (FNA)- Iran has hiked exports of power supplies to the neighboring countries by 28.7% since the beginning of the new Iranian year (started March 21), the energy ministry announced on Tuesday. ( 16:54:02 - 2012/03/06)

Iran Eying to Export $70bln of Non-Oil Products Next Year
TEHRAN (FNA)- Iran's First Vice-President Mohammad Reza Rahimi said that the country plans to boost its non-oil exports to $70bln in the next Iranian year (starts on March 20). ( 15:16:55 - 2012/03/06)

EU Oil Sanctions to Increase Iran's Oil Revenues $10bln
TEHRAN (FNA)- The illegal decision taken by the European Union to impose an oil ban on Iran which led to a 20-dollar hike in crude prices will add a sum of, at least, $10bln to Tehran's oil revenues. ( 14:36:56 - 2012/03/06)

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